Paradigm Strategies in Wealth Management LLC Reduces Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Paradigm Strategies in Wealth Management LLC reduced its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,990 shares of the exchange traded fund’s stock after selling 78 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises about 1.1% of Paradigm Strategies in Wealth Management LLC’s portfolio, making the stock its 15th largest holding. Paradigm Strategies in Wealth Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,703,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 62,301.7% during the 3rd quarter. International Assets Investment Management LLC now owns 2,172,826 shares of the exchange traded fund’s stock worth $1,237,772,000 after acquiring an additional 2,169,344 shares during the period. US Bancorp DE lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 1.1% during the third quarter. US Bancorp DE now owns 1,063,964 shares of the exchange traded fund’s stock worth $606,098,000 after purchasing an additional 11,719 shares during the period. PNC Financial Services Group Inc. boosted its position in SPDR S&P MidCap 400 ETF Trust by 0.8% in the third quarter. PNC Financial Services Group Inc. now owns 768,842 shares of the exchange traded fund’s stock valued at $437,979,000 after buying an additional 5,825 shares during the last quarter. Bank of Montreal Can increased its holdings in SPDR S&P MidCap 400 ETF Trust by 3.5% in the 2nd quarter. Bank of Montreal Can now owns 504,716 shares of the exchange traded fund’s stock worth $269,741,000 after buying an additional 17,125 shares during the period. Finally, Raymond James & Associates raised its position in SPDR S&P MidCap 400 ETF Trust by 0.5% during the 3rd quarter. Raymond James & Associates now owns 369,044 shares of the exchange traded fund’s stock worth $210,230,000 after buying an additional 1,811 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Up 1.3 %

Shares of NYSEARCA MDY opened at $584.24 on Thursday. The company has a 50 day simple moving average of $591.05 and a two-hundred day simple moving average of $568.90. The stock has a market cap of $23.09 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $487.66 and a 12 month high of $624.13.

SPDR S&P MidCap 400 ETF Trust Company Profile

SPDR S&P MidCap 400 ETF is an exchange traded fund. SPDR MidCap 400 Trust focuses to correspond to the price and yield performance of the S&P MidCap 400 Index. The S&P MidCap 400 covers over 7% of the United States equities market, and is part of a series of S&P the United States indices. The index also includes companies, which should have four consecutive quarters of positive as-reported earnings, excluding discontinued operations and extraordinary items.